PFMAM Arbitrage Rebate Analyst

About the Role

Financial Analyst in PFM Asset Management’s Arbitrage & Tax Compliance Group, based in Harrisburg, PA. PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc. This position offers opportunities to work with seasoned professionals in PFMAM’s and USBAM’s local government investment pool (“LGIP”) and investment advisory businesses. Individuals in this role are self-motivated and highly organized, possess strong interpersonal skills, and have demonstrated success working directly with and supporting internal and external clients.

Key Responsibilities

• Learn and gain knowledge of the arbitrage rebate regulations and compliance requirements of tax-advantaged debt issuers.
• Learn and gain knowledge of the LGIP and other bank businesses and how PFMAM’s Arbitrage & Tax Compliance Group supports the firms investors and participants.
• Onboard new client accounts including collecting bond documents and related new account forms.
• Ensure new bond issues are added to the team’s database and reporting tickler.
• Prepare tax compliance calculations and reports for PFMAM clients.
• Create cash flow analyses, expenditure allocation analyses, and related analyses.
• Data entry or using Excel query tools to capture data needed in calculation models.
• Review bond documents.
• Serve as a resource to internal management and marketing staff.
• Work on additional tax compliance or investment management projects.
• Work with the Client Services Group to ensure smooth onboarding of new clients and fulfilling the needs of current clients.
• Assist with the preparation of reports and other materials for clients at meetings.
• Support other sales, marketing, and service activities as appropriate.

Requirements & Tech Stack

• Bachelor's degree, or equivalent work experience.
• Microsoft Office applications including Word, Excel, and PowerPoint.
• Familiarity and comfort working daily with Excel models.

Qualifications

• Client-facing work experience.
• Excellent quantitative skills.
• Experience working with public sector entities and/or other non-profit institutions.
• Prior experience or knowledge of accounting for fixed income investments, cash and securities reconciliations, bond math calculations, and tax-exempt bond documents are pluses but not required.
• Knowledge of money market instruments, short and intermediate term fixed income investments, and equity and fixed income funds is a plus.
• Independent, self-motivated, and proactive with a desire to succeed and grow within the firm.
• Excellent communication and interpersonal skills. Develops effective written correspondence. Actively listens to others.
• Ability to manage multiple tasks and adapt to a changing, fast-paced environment.
• Ability to operate successfully in a team environment.
• Demonstrates unwavering integrity and instills confidence in others.
• Desire to improve processes, take initiative, and solve problems.
• Strong quantitative, problem-solving, and analytical skills.
• Strong customer orientation.
• Detail-oriented with strong time management and organization skills.
• Enthusiastic, 'can-do' attitude.
• CPA license is a plus, but not required.

The role offers a hybrid/flexible schedule, with an in-office expectation of 3 or more days per week.